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25 answers

In the year of 2007, global financial markets had

begun to show signs that the bill for a years-long binge
on cheap
credit was coming due. United States
housing bubble caused the values of securities tied to U.S.
real estate to plummet, damaging financial
institutions globally, culminating with the bankruptcy of
Lehman Brothers on September
15, 2008, and an international banking
crisis.

2007 -
08 Economic crisis majorly due to Banking and Financial
Institutions. There is scope for economic
crisis but not equal to
2007 - 08 crisis.

Reasons:

chances
of crisis due to COVID - 19

Negative
growth

Production
crisis

American
economic policies etc.

Due to
Low economic growth there is no proper fund flow in the market
companies will try to increase the
capital by rising the new
capital requirements.

There
may be scope to reduce interest rates for rising funds for capital
requirements.

The
COVID-19 recession is a major ongoing global economic crisis which
has caused both a recession in
some nations, and in others a depression. It is currently the worst
global economic crisis in history,
surpassing the impact of the
Great Depression. The economic
crisis began due to the economic
consequences of the ongoing COVID-19 pandemic. The first major sign of
a recession was the collapse of
markets during the 2020 stock market crash, which began in
late February and lasted through March. As of
September 2020, every
advanced economy is in a recession or depression, whilst all
emerging economies
are in recession. Modeling by the World Bank suggests that in some regions a
full recovery will not be
achieved until 2025 or beyond.

The
COVID-19 pandemic has led to
more than a third of the world's population being placed on
lockdown
to stop the spread of
COVID-19. It has caused severe repercussions for economies across the world,
 following soon
after a global economic slowdown during 2019 that saw stagnation of
stock markets and
consumer activity worldwide.

The
rapidly evolving threat around the COVID-19 virus, commonly
referred to as coronavirus, is impacting
the business and investor
community across the world. The global and interconnected nature of
today’s
business environment poses serious risk of disruption of
global supply chains that can result in significant
loss of revenue
and adversely impact global economies.

The
impact on the global economy may increase depending on the extent
of geographic spread of the
virus. However, the pandemic has
already negatively impacted the global economy as a whole. Yet
despite
the warning signs, few investors suspected that the worst
crisis in nearly eight decades was about to
engulf the global
financial system, bringing Wall Street's giants to their knees and
triggering the Great
Recession. It was an epic financial and
economic collapse which cost many ordinary people their
jobs.

Multinational companies
may take action plans for cost cutting to reach their short term
loans and
Multinational companies may not prefer long term
investments as it is due to low economic growth.
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